Sitharaman on Economy: GDP, Inflation, Rupee, and Budget Reforms

• Finance Minister Nirmala Sitharaman discussed global uncertainties, strong Indian economic fundamentals, and the long-term vision for 'Developed India' by 2047.
• She emphasized presenting India's economic stability to the world, improving ease of doing business, and replacing 'red tape' with a 'red carpet' for investors.
• Sitharaman dismissed opposition criticism of the budget as 'visionless,' stating it shows a lack of deep understanding, and assured continuous economic reforms.
• She noted that inflation is not a major concern, and the shift to gold is a natural investor response to global economic and geopolitical tensions.
• Sitharaman criticized Rahul Gandhi for making statements without strong data and called Tamil Nadu CM M.K. Stalin's budget neglect claims a 'sad commentary,' highlighting benefits for the state.

Why It Matters: Sitharaman asserts India's strong economic fundamentals, ongoing reforms, and dismisses opposition criticism.